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NASDAQ:BTBT

Bit Digital Q1 2023 Earnings Report

Bit Digital logo
$3.74 +0.26 (+7.47%)
Closing price 04:00 PM Eastern
Extended Trading
$3.77 +0.03 (+0.80%)
As of 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Bit Digital EPS Results

Actual EPS
-$0.03
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Bit Digital Revenue Results

Actual Revenue
$8.27 million
Expected Revenue
$7.50 million
Beat/Miss
Beat by +$770.00 thousand
YoY Revenue Growth
N/A

Bit Digital Announcement Details

Quarter
Q1 2023
Time
N/A
Conference Call Date
Monday, June 12, 2023
Conference Call Time
7:09AM ET

Upcoming Earnings

Bit Digital's Q2 2025 earnings is scheduled for Monday, August 18, 2025, with a conference call scheduled on Friday, August 15, 2025 at 9:30 AM ET. Check back for transcripts, audio, and key financial metrics as they become available.

Earnings Documents

Bit Digital Earnings Headlines

Market Whales and Their Recent Bets on BTBT Options
Forget Nvidia, This “Ghost Town” Company Holds the Key to the AI Boom
Cold War Discovery Could Unlock $100 Trillion in Wealth Jeff recently traveled to an American ghost town to investigate this crazy Cold War story… Because it could hold the key to the entire $100 trillion AI boom. It involves an American ghost town with just 30 people… And a new twist to the AI boom that could make a lot of people rich.
Bit Digital becomes one of the largest public Ethereum holders
See More Bit Digital Headlines
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About Bit Digital

Bit Digital (NASDAQ:BTBT) is a U.S.-based digital asset mining company focused on the proof-of-work process that underpins the Bitcoin network. The company acquires, operates and deploys high-performance ASIC mining machines to generate newly minted bitcoins, positioning itself as a vertically integrated miner with a focus on scale and efficiency. Bit Digital’s core operations include the procurement, deployment, maintenance and optimization of mining hardware across its global facilities.

Since its founding in 2018, Bit Digital has built a geographically diversified footprint to capitalize on low-cost power markets and renewable energy sources. Key mining sites are located in North America, including Texas and Washington State, as well as in Northern Europe, with facilities in Norway and Sweden. By balancing its portfolio of sites, the company seeks to mitigate regional power volatility and regulatory risk while maximizing uptime and hash rate performance.

Bit Digital’s services extend beyond simple coin generation. It leverages proprietary monitoring and analytics platforms to optimize power consumption, thermal management and hardware deployment. This technological focus allows the company to scale operations swiftly, respond to changing network difficulty and pursue continuous improvement in operational efficiency. The company also evaluates opportunities for hosting third-party miners at select sites.

Led by Chief Executive Officer Michael Levitt and Chief Financial Officer Craig Salm, Bit Digital’s management team brings deep expertise in blockchain infrastructure, renewable energy procurement and financial compliance. The company remains committed to transparency and governance practices typical of public issuers, with regular disclosures on operational metrics, sustainability initiatives and corporate strategy as it seeks to build long-term shareholder value in the evolving digital asset landscape.

View Bit Digital Profile

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